Updated
Updated · robinhood.com · Aug 17
Robinhood Lists HYPE Price Contract at 84 Cents for $59 Threshold
Updated
Updated · robinhood.com · Aug 17

Robinhood Lists HYPE Price Contract at 84 Cents for $59 Threshold

3 articles · Updated · robinhood.com · Aug 17

Summary

  • 84-cent contracts on Robinhood Derivatives implied HYPE was likely to finish at $59 or above at 5 a.m. EDT on Aug. 17, 2026, while the $60-or-above contract traded at 2 cents.
  • The event market resolves using CF Benchmarks' real-time index, averaging 60 readings collected in the final minute before expiration rather than using exchange quotes from sources like Coinbase or Google.
  • HYPE was shown around $59.5643 in live data, and traders can buy contracts that pay $1 if correct or exit positions before resolution.
  • The market runs 24 hours a day except for a Thursday 3 a.m. to 5 a.m. ET pause, with payouts usually made within an hour after the event resolves.

Insights

With HYPE's settlement arriving today, will Robinhood's unique 60-second benchmark window protect retail traders from last-minute whale manipulation?
Hyperliquid burns millions in buybacks, but as massive token unlocks continue, can HYPE sustain its $59 threshold for today's payout?
Are Robinhood's binary event contracts transforming crypto investing into a high-stakes casino, or simply offering a new hedge against volatility?